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Off market
  • $434,900

    245 S 500 E, Provo, UT 84606

    3beds
    1,840sqft
    Single Family Residence
    Built in 1924
    -- sqft lot
    $434,900 Zestimate®
    $236/sqft
    $2,278 Estimated rent

    Home value

    $434,900

    $413,000 - $457,000

    $2,278/mo

    Zestimate® history
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    $2,278/mo

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    $1,994/mo

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    $1,994/mo

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    What's special

    Welcome Home! Whether you are looking for a delightful house that you can transform into your very own home complete with basement mother-in-law apartment or a reliable source of generating rental income to assist with the financial dynamics of ownership. Or perhaps you're investment minded and looking to generate lasting wealth by curating this profitable investment asset complete with immense value and untapped potential to launch or fortify your growing portfolio. located less than 5 minutes away from the BYU Campus providing a virtual unending supply of potential tenants. No matter if You, or Your Tenants are looking to live in a warm and inviting home environment indoors, or taking in a private moment to kick the ball, throw the frisbee, play with the dog, or even immerse yourself in the tranquility of creativity by taking time to paint or throw pottery in the Art Shed nestled within the confines of the secluded back yard. Then when it's time to get out for an evening on the town you or your tenants are only 3 minutes away from the vibrant culture of Downtown Provo replete with numerous restaurants to satisfy any taste and numerous activities that are sure to invigorate the mind. With all the foregoing it is easy to see that this property is amply prepared to provide memories to last a lifetime. If this is the type of environment you are looking for personally or are hoping to provide for your valued tenants then you are hereby invited to consider taking the opportunity to make this ideal residence your very own.. As far as the facts go this property has boasted a solid history of quality tenants. Main Floor Tenants have vacated due to not knowing if the Buyer would be an Investor or an Owner Occupied Buyer. However Rent rate was $1800. Basement tenant just renewed Lease on a Month-to-Month Basis at $1,000.00 a month and would like to secured a long term lease if the new owner will allow, but the month-to-month arrangement ensures that if having a basement tenant is not needed/wanted, notice can be given and tenant would be moved out likely by close of escrow. This property has been pre-inspected by one of the very best Home Inspectors in the entire State of Utah to ensure that this property is in excellent condition, free of any surprises, which report will gladly be shared with any valid accepted offer with a desire to help any ready willing and able buyer make a more informed decision in the purchasing process. What is more, the roof has recently been replaced, and the owner has continued to invest in considerable improvements in the property which are detailed in the supplementary paperwork. Main level is vacant. Kindly provide 24 hour notice prior to any showing requests for the basement. However, don't let that stop you from reaching out to arrange an easy, convenient and private showing today. All information herein is deemed reliable but is not guaranteed. Buyer is therefore responsible to verify all listing information, including square footage/acreage, to Buyer's own satisfaction.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Source: BHHS broker feed,MLS#: 2125688

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • Central Air
    Features
    • Has basement: No
    Interior area
    • Total structure area: 1,840
    • Total interior livable area: 1,840 sqft

    Property

    Details
    • Parcel number: 050520027

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1924

    Community & HOA

    Location
    • Region: Provo

    Financial & listing details

    • Price per square foot: $236/sqft
    • Tax assessed value: $451,400
    • Annual tax amount: $2,487
    • Date on market: 12/5/2025
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    6/18/2026Pending sale$445,000$242/sqft
    Source: UtahRealEstate.com #2125688 Report a problem
    5/5/2026Price change$445,000-1.1%$242/sqft
    Source: UtahRealEstate.com #2125688 Report a problem
    4/18/2026Price change$450,000-1.1%$245/sqft
    Source: UtahRealEstate.com #2125688 Report a problem
    4/6/2026Price change$455,000-2.2%$247/sqft
    Source: UtahRealEstate.com #2125688 Report a problem
    4/4/2026Price change$465,000-2.1%$253/sqft
    Source: UtahRealEstate.com #2125688 Report a problem
    3/24/2026Price change$475,000-1%$258/sqft
    Source: UtahRealEstate.com #2125688 Report a problem
    3/11/2026Price change$480,000-1%$261/sqft
    Source: UtahRealEstate.com #2125688 Report a problem
    3/5/2026Price change$485,000-1%$264/sqft
    Source: UtahRealEstate.com #2125688 Report a problem
    2/26/2026Price change$490,000-1%$266/sqft
    Source: UtahRealEstate.com #2125688 Report a problem
    2/19/2026Price change$495,000-1%$269/sqft
    Source: UtahRealEstate.com #2125688 Report a problem
    2/9/2026Price change$500,000-0.6%$272/sqft
    Source: UtahRealEstate.com #2125688 Report a problem
    1/31/2026Price change$503,000-0.3%$273/sqft
    Source: UtahRealEstate.com #2125688 Report a problem
    1/27/2026Price change$504,500-0.3%$274/sqft
    Source: UtahRealEstate.com #2125688 Report a problem
    1/20/2026Price change$506,000-0.3%$275/sqft
    Source: UtahRealEstate.com #2125688 Report a problem
    1/12/2026Price change$507,500-0.3%$276/sqft
    Source: UtahRealEstate.com #2125688 Report a problem
    1/7/2026Price change$509,000-0.3%$277/sqft
    Source: UtahRealEstate.com #2125688 Report a problem
    1/1/2026Price change$510,500-0.3%$277/sqft
    Source: UtahRealEstate.com #2125688 Report a problem
    12/29/2025Price change$512,000-0.3%$278/sqft
    Source: UtahRealEstate.com #2125688 Report a problem
    12/23/2025Price change$513,500-0.3%$279/sqft
    Source: UtahRealEstate.com #2125688 Report a problem
    12/5/2025Price change$515,000+17%$280/sqft
    Source: UtahRealEstate.com #2125688 Report a problem
    1/27/2024Pending sale$440,000$239/sqft
    Source: UtahRealEstate.com #1973963 Report a problem
    1/25/2024Price change$440,000-2.2%$239/sqft
    Source: UtahRealEstate.com #1973963 Report a problem
    1/5/2024Listed for sale$450,000+58%$245/sqft
    Source: UtahRealEstate.com #1973963 Report a problem
    7/25/2019Sold--
    Source: Agent Provided Report a problem
    6/7/2019Listed for sale$284,900$155/sqft
    Source: RANLife Real Estate #1603994 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,487 -0.1%$451,400 +1.3%
    2024$2,489 -3%$445,500 -1.6%
    2023$2,566 +6.5%$452,700 +5.6%
    2022$2,410 +35.1%$428,800 +156%
    2021$1,784 +3.7%$167,475 -39.2%
    2020$1,721 +7.4%$275,300 +87.7%
    2019$1,603 +19.6%$146,685 -38.9%
    2018$1,340 +16.3%$240,100 +93.2%
    2017$1,152 $124,245 +24.8%
    2016$1,152 +9.5%$99,550 +8.4%
    2015$1,052 +13%$91,850 +8.4%
    2014$930 $84,700 +5.6%
    2013-- $80,190 +11.1%
    2012-- $72,160 -14.2%
    2009-- $84,150 -1.1%
    2008-- $85,085 -3%
    2007-- $87,725 +18.6%
    2006-- $73,975 +5%
    2005-- $70,470
    2003-- $70,470 -45%
    2001$735 +9.9%$128,128 +102%
    2000$668 $63,434
    Find assessor info on the county website

    Neighborhood: Maeser

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $434,900
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    Estimated market value
    $434,900